Dubai property brokers revise forecasts as house price slide deepens | The National:
"House prices in Dubai fell by nearly 10 per cent on an annual basis in August, prompting brokers to revise their full year forecasts.
According to the property data company Reidin, this was split between apartment prices, which on average fell 10.4 per cent over the year, and villa prices which dipped 8 per cent over the same period.
Average house values in Dubai have been sinking since the start of the year, when the property broker JLL predicted that prices would fall by about a tenth."
'via Blog this'
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